Align Technology, Inc.
ALGN Healthcare Medical Instruments & Supplies
Align Technology, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.0 billion, up 0.90% from fiscal 2024.
- Revenue
- +1.92%
- EPS
- +143.9%
- Free cash flow
- +8.26%
Quarter to September 2026, against a year earlier
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Align Technology, Inc. 8-K filed Oct 28, 2026
5.02 Departure or appointment of directors or officers; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits
What it says
Align appointed Jennifer L. Davis CEO-elect and a director effective November 2, 2026, and President and CEO effective December 31, 2026, succeeding Joseph M. Hogan. Davis previously led P&G’s Health Care business. Hogan will become a strategic advisor upon retirement and is expected to leave the Board following its June 16, 2027 strategy meeting.
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Davis will receive a $1,300,000 annualized base salary, a target annual bonus of 150% of base salary and a $2,000,000 signing bonus. She is eligible for up to $1,000,000 in relocation and temporary housing reimbursement.
Ms. Davis will receive a $2,000,000 cash signing bonus, payable (less applicable deductions and tax withholdings) on the first pay day after the Commencement Date.
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Subject to approval, Davis will receive one-time market stock units valued at $9,900,000 and restricted stock units valued at $6,600,000. She is also eligible for a 2027 equity incentive award targeted at no less than $12,000,000.
Ms. Davis will furthermore be eligible for a 2027 long-term equity incentive award targeted at no less than $12,000,000, subject in each case to the approval of the Compensation Committee.
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For qualifying termination or resignation, Davis is eligible for severance including two times salary and target bonus. Within 24 months of a change of control, qualifying severance increases to two and a half times each, with equity vesting provisions.
two times her then-current base salary, paid in cash installment payments over 24 months
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Hogan’s consulting agreement has an initial term of one year and an annual fee of $150,000. He remains eligible for a fiscal year 2026 cash incentive; outstanding equity will continue vesting while he remains a Service Provider.
Mr. Hogan will receive an annual consulting fee of $150,000, and will remain eligible to receive an annual cash incentive under the Company’s annual cash incentive compensation plan
Red flags
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Officer departure
Align Technology, Inc. reported the departure of its Chief Executive Officer